Soaring child care expenses, now consuming an average of 20% of household income, are compelling parents to deplete savings, delay major purchases, and reconsider career paths, with broader implications for the economy.
As the U.S. dollar faces sustained pressure and the post-war 'Pax Americana' era recedes, chief financial officers are recalibrating strategies for higher capital costs and persistent market turbulence. Experts outline a pragmatic playbook for resilience.
Oracle is preparing a massive capital raise of up to $50 billion to fuel its AI and cloud infrastructure expansion, alongside potential large-scale job cuts and a strategic review of its Cerner healthcare unit, marking a pivotal moment in its competition with cloud giants.
Elon Musk has reaffirmed plans for a SpaceX mission to place a Dogecoin token on the moon, sparking renewed interest in the meme cryptocurrency ahead of the company's anticipated public offering.
PayPal's stock tumbled nearly 20% following a disappointing Q4 report, missing revenue and profit targets. The downturn has reignited debate about whether Elon Musk, a PayPal co-founder, might see strategic value in the payments giant for his 'everything app' ambitions with X.
Despite a recent price correction, Standard Chartered analysts project a long-term bull case for Solana (SOL), driven by its emerging dominance in stablecoin transactions and potential to power a new wave of internet micropayments.
Shares of major IT services and consulting firms, including Accenture, IBM, and Equifax, fell sharply Thursday after a disappointing earnings report from industry bellwether Gartner reignited fears of a sector-wide slowdown and structural challenges posed by AI.
Disappointing Q4 results from industry bellwether Gartner triggered a broad market selloff in the IT services and consulting sector, with shares of EXL and TransUnion among the notable decliners as investors reassess growth prospects.
As Valentine's Day approaches, economists are watching to see if the holiday's remarkable spending power—which hit a record $27.5 billion in the U.S. last year—can hold firm against economic headwinds, signaling broader trends in consumer confidence and retail health.
The privacy-focused cryptocurrency Zcash faces intensified selling pressure as exchange activity collapses and key technical supports break down, raising concerns over a deeper slide toward $200.
Siemens Energy is making a major investment in its North Carolina manufacturing footprint, committing $421 million to expand operations and create approximately 500 new jobs focused on building critical energy infrastructure.
As Bitcoin faces market turbulence, MicroStrategy's executive chairman Michael Sayer reaffirms his unwavering commitment to the company's aggressive accumulation strategy, dismissing short-term volatility and highlighting long-term institutional adoption as key drivers.
Bitcoin's recovery falters, slipping back toward $77,000 as precious metals rally sharply. The shift highlights a broader risk-off mood, with AI-related tech stocks also under pressure.
As Bob Iger concludes his tenure with a solid earnings report, Wall Street eyes new CEO Josh D'Amaro to navigate persistent headwinds in parks and studios. Analysts remain cautiously optimistic, with price targets reflecting both the company's resilience and looming challenges.
HP Inc. stock tumbled more than 5% following the sudden departure of CEO Enrique Lores to lead PayPal, prompting several Wall Street firms to downgrade the PC and printer maker amid heightened uncertainty over its leadership transition.
Shares of insurance software provider Guidewire Software plunged nearly 10% in morning trading, caught in a sector-wide downturn as investors reassess traditional SaaS models against the rising tide of AI integration.
Outdoor advertising giant Lamar Advertising has expanded its footprint in the Ohio market through the cash acquisition of Cleveland Outdoor Advertising's assets, integrating dozens of prime billboard locations into its portfolio.
Avis Budget Group is closing Zipcar's Boston headquarters, laying off 128 employees and moving core operations to its New Jersey base, marking a significant shift for the pioneering car-sharing brand it acquired in 2013.
CNBC's Jim Cramer, while reaffirming his past success with Flowserve, suggested investors might find better opportunities elsewhere in the industrial sector, specifically naming Dover Corporation.
Food distribution giant Sysco saw shares jump nearly 11% after reporting better-than-expected quarterly results, prompting CNBC's Jim Cramer to highlight the stock as undervalued amid a broader market rally.
